Loans & Grants
30/11/2012 - The African Development Bank has approved a US $43.7 Million loan to the Kenyan Government to enhance education and training institutions and develop skills needed in the changing labor market.
Categories: Kenya, Education, Youth, Human and Social Development
29/11/2012 - The African Development Bank, represented by Vice-President Ndoumbe Lobé and the Tunisian Minister for Investment and International Cooperation, Riadh Bettaieb, signed a 387.6 million euro loan agreement for the financing of the Economic Recovery and Inclusive Development Support Program (PARDI) for Tunisia. The loan was approved by the AfDB Board of Directors at its October 28 meeting.
Categories: Tunisia, Economic & Financial Governance
23/11/2012 - The Board of Directors approved, on 26 September 2012, the revised Bank Group Energy Sector Policy. This policy supersedes the 1994 Bank Group Energy Sector Policy and the 1985 Framework for Public Utility Tariff Policy previously applied to Electric Power, Telecommunications, Water Supply and Sanitation operations. It is the product of broad based and transparent consultations internally within the Bank Group and externally with key stakeholders including the regional member countries (RMCs), regional economic communities (RECs), the private sector, development partners and the civil society.
Categories: Energy & Power
23/11/2012 - On Tuesday 20th November 2012, the AfDB signed a US$ 0.26 million protocol agreement with Mamaoun Beheiry Centre for Economic and Social Studies and Research (MBC), a policy think-tank in Khartoum named after the first President of the Bank. The grant was approved by the Nigeria Technical Cooperation Fund (NTCF). The agreement was then signed by the Bank’s Resident Representative for Sudan, Mr. Abdul B. Kamara, and the Director of MBC, Dr. Sayed Ali Zaki, at a special ceremony presided over by His Excellency Ali Mahmound Abdelrasoul, Minister of Finance and National Economy.
Categories: Sudan, Economic & Financial Governance
22/11/2012 - Le Groupe de la Banque africaine de développement (BAD) et l'Agence marocaine de l'énergie solaire (MASEN) ont procédé, sous la présence effective du Roi Mohamed VI, le 19 novembre à Rabat, à la signature des accords de prêts et de garanties relatifs au projet de la première phase de la centrale solaire de Ouarzazate. Les accords sont d’un montant de 238,12 millions d’euros, soit un total de 2.7 milliards de dirhams. Ce financement est constitué de 168 millions d’euros provenant des ressources propres de la BAD et d’un prêt concessionnel de 100 millions de dollars du Fonds pour les technologies propres (FTP), dont la BAD est l’agence d’exécution.
Categories: Morocco, Energy & Power, Climate Change, Environment
22/11/2012 - Le Fonds africain de développement, le guichet concessionnel du Groupe de la Banque africaine de développement, a approuvé, aujourd’hui, un prêt d’environ 73 millions USD destiné à développer la région du Sud-Ouest du Cameroun par l’amélioration de la route qui relie Kumba à Mamfé.
Categories: Cameroon, Transport, Infrastructure
19/11/2012 - Le Groupe de la Banque africaine de développement (BAD) a consenti le mercredi 14 novembre 2012 à Tunis, un prêt d’environ 17 milliards de FCFA à la République du Niger. Ce montant qui sera prélevé sur les ressources du Guichet FAD, contribuera au financement du Programme d’appui à la croissance inclusive et au renforcement de la sécurité alimentaire (PACIRSA).
Categories: Niger, Food Production, Health, Human and Social Development
19/11/2012 - The African Development Bank Group approved Wednesday a grant of 1.88 million UA (US $2.9 million) to the Republic of The Gambia to finance the Economic and Financial Governance Operation (EFIGO) – Phase 1. The funding supports the implementation of a multi-year reform program to fund The Gambia’s implementation of its development strategy Program for Accelerated Growth and Employment (PAGE).
Categories: Gambia, Economic & Financial Governance
07/11/2012 - Guinea will benefit from assistance estimated at US $639.2 million in end-December 1999 net present value terms, aimed at reducing the country’s external debt burden to sustainable levels following the country’s attainment of the completion point under the Highly Indebted Poor Countries (HIPCs) Initiative. By reaching the completion point, Guinea also benefits from additional debt cancellation under the Multilateral Debt Relief Initiative (MDRI).
Categories: Guinea, Morocco, Economic & Financial Governance, Water Supply & Sanitation
07/11/2012 - The Executive Directors of the African Bank Group approved debt relief for Guinea under the Heavily Indebted Poor Countries (HIPCs) Initiative and the Multilateral Debt Relief Initiative (MDRI). The provision of debt relief assistance by the Bank Group is aimed at reducing the country’s external debt burden to sustainable levels and enhancing its capacity to direct more resources to development programs
Categories: Guinea, Economic & Financial Governance
